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Get economic collapse news throughout the day visit http://x22report.com
More news visit http://thepeoplesnewz.com
Report date: 3.17.2015Greece needs more money so Tsipras plans to meet with Putin. If Greece exits the EuroZone, Spain and Italy will follow.1 in 3 Americans are classified as the working poor. Housing starts implode throughout the country. European allies decide to join the China development bank to protect themselves from the collapsing dollar. China dumps more US treasuries. White House exempts itself from the FOIA. Kiev is doing everything it can to push war with Russia. The oil in Libya is now being sold not using the dollar. US preparing to go into Syria, trying the chlorine gas trick once again.
All source links to the report can be found on the x22report.com site.
Most of artwork that are included with these videos have been created by X22 Report and they are used as a representation of the subject matter. The representative artwork included with these videos shall not be construed as the actual events that are taking place.
Fair Use Notice: This video contains some copyrighted material whose use has not been authorized by the copyright owners. We believe that this not-for-profit, educational, and/or criticism or commentary use on the Web constitutes a fair use of the copyrighted material (as provided for in section 107 of the US Copyright Law. If you wish to use this copyrighted material for purposes that go beyond fair use, you must obtain permission from the copyright owner. Fair Use notwithstanding we will immediately comply with any copyright owner who wants their material removed or modified, wants us to link to their web site, or wants us to add their photo.
The X22 Report is "one man's opinion". Anything that is said on the report is either opinion, criticism, information or commentary, If making any type of investment or legal decision it would be wise to contact or consult a professional before making that decision.

SUBSCRIBE to ELITE NWOAGENDA for Latest on U.S.DOLLAR COLLAPSE / GOLD / SILVER / BUILD UP TO WW3 / BILDERBERG 2015http://www.youtube.com/EliteNWOAgenda
GERALD CELENTE - U.S. Support of China’sDevelopment Bank is GiganticU-TurnWashington and the World Bank have no choice but to co-operate with Beijing on the new China-led development bank. The US has changed its tune after first opposing its allies cozying up to China.
“This is a gigantic concession on the part of the US, that it is not the world’s only superpower,” Jeffrey Albert Tucker, CLO of the Foundation for Economic Education, told RT.
Instead of fighting the new China-led development bank, the US was forced to add its support to the development bank after allies jumped ship to join the $100 billion China-led project that could rival the World Bank.
“This represents a dramatic shift on the part of Washington and a concession to its allies in Europe,” Tucker said.
US officials had voiced displeasure when the UK, Germany, France and Italy agreed to work with the Bank, but now, in an apparent concession, the US will work with, and not against, the new global development fund. The White House wants to co-finance projects with Beijing along with existing banks such as the World Bank, the WSJ reported Monday. china bank banking u.s. usa "united states" america london trend power "bank account" infrastructure investment asia economy "u.s. dollar" forex trading "forex trading" 2015 2016 usd dollar country global currency RMB gold silver "gold bullion" "silver coin" financing savings "savings account" HK "hong kong" military business "global reset" "gold coin" property "real estate" beijing hsbc "bank of china" "elite nwo agenda" invest world france germany russia trending media entertainment order out of chaos rothschild rothchilds george soros glenn beck lindsey williams marc faber jim rogers louis farrakhan rant exposed alex jones infowars rawdogletard demcad jsnip4
The offer is a massive U-turn in Washington's stance on the Asian Infrastructure Investment Bank. The tone quickly changed last week after an unnamed US official told the Financial Times that America was “wary about a trend toward constant accommodation of China.”
The Chinese economy has been keeping pace with the world’s biggest, the US, and in October, surpassed the superpower in terms of purchasing power adjusted GDP Support for the AIIB has gathered speed in Europe this month, with the U.K. the first country to sign up, followed by Germany, France and Italy and then Luxembourg and Switzerland. With allies migrating en masse to China’s new infrastructure bank (and even the US having to admit it will ‘cooperate’), it appears America has fallen back on what has worked for it in the past to ensure the world’s largest creditor remains the world’s reserve currency ad inifinitum – rattle its nuclear missile sabre… As the following clip shows, The US Air Force just test-fired a Minuteman III intercontinental ballistic missile from California, providing a “visual to the world.”
The absolutely stunning decision by the Swiss National Bank to decouple from the euro has triggered billions of dollars worth of losses all over the globe. Buying surreptitiously allows Beijing to buy bullion at bargain prices; if the world knew how much gold China was really amassing, a run on gold the likes of which the globe has never seen would likely ensue. “We believe China is controlling the gold price because it is buying in such a way so as not to push prices up.” Fasten your seatbelts; 2015 will be a whirlwind pitting China, Russia and Iran against what I have described as the Empire of Chaos.
Russia’s increase is the most dramatic, according to the recent report from the IMF. The Russian central bank has almost doubled its gold holdings within the last 5 years to 1,094.8 tonnes in June of this year. China’s Central Bank followed with an increase of 75% from its holdings in 2009. China Has Announced Plans For A ‘WorldCurrency’

published:25 Mar 2015

views:6961

AbsaBankLimited has successfully concluded a five year 100 million dollar SpecialFacilityAgreement with the China Development Bank. This is the first major transaction between the two lenders and is geared towards providing funding to Small and Medium Enterprises. The initial drawdown is based on Absa's current funding needs, and may be increased in the future to assist with new funding opportunities within Barclay's AfricaGroup's operations. China Development Bank, one of the biggest lenders in Africa, was founded in 1994 as a development financial institution under the leadership of China's State Council. The bank has assets of about 2 trillion dollars and is the world's largest development finance institution.
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published:19 Aug 2017

views:232

What do Portuguese scholars think of China's growth? ChinaMatters interviewed CarlosSalema to see his ideas. China has seen massive growth in the past three decades and international scholars have taken notice of China's improvements.

Argentina has agreed to borrow around 6 billion euros from China to build hydroelectric dams in the Patagonia region.
The loan from the China Development Bank will also fund a long-delayed railway project in Argentina.
The two countries signed a similar deal in 2009.
China is Argentina's second-largest trading partner after neighbouring Brazil.
...
READ MORE : http://www.euronews.com/2014/07/19/china-bank-funds-argentina-development
What is in the news today? Click to watch: https://www.youtube.com/playlist?list=PLSyY1udCyYqBeLGPTLVZMp8kczDH7_5Ni
euronews: the most watched news channel in Europe
Subscribe! http://www.youtube.com/subscription_center?add_user=euronews
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published:19 Jul 2014

views:1773

published:29 Apr 2016

views:12

Lenders are currently in the process of selling RCom's assets in a bid to recover some portions of the roughly Rs 45,000-crore debt.
CNBC-TV18 is India's No.1Business medium and the undisputed leader in business news. The channel's benchmark coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond. CNBC-TV18 has been constantly innovating with new genres of programming that helps make business more relevant to different constituencies across India. India's most able business audience consumes CNBC-TV18 for their information & investing needs. This audience is highly diversified at one level comprising of key groups such as business leaders, professionals, retail investors, brokers and traders, intermediaries, self-employed professionals, HighNet Worth individuals, students and even homemakers but shares a distinct commonality in terms of their spirit of enterprise.
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China Development Bank

The China Development Bank (CDB) (simplified Chinese:国家开发银行; traditional Chinese:國家開發銀行; pinyin:Guójiā Kāifā Yínháng) is a financial institution in the People's Republic of China (PRC) led by a cabinet minister level Governor, under the direct jurisdiction of the State Council. As one of three policy banks of the PRC, it is primarily responsible for raising funding for large infrastructure projects, including most of the funding for the Three Gorges Dam and Shanghai Pudong International Airport. Established by the Policy Banks Law of 1994, the bank is described as the engine that powers the national government’s economic development policies.

Debts issued by CDB owned by local banks are treated as risk free assets under the proposed People's Republic of China capital adequacy rules i.e. same treatment as PRC government bonds. The bank is the second-biggest bond issuer in China after the Ministry of Finance in 2009, accounting for about a quarter of the country’s yuan bonds, and the biggest foreign-currency lender.

Get economic collapse news throughout the day visit http://x22report.com
More news visit http://thepeoplesnewz.com
Report date: 3.17.2015Greece needs more money so Tsipras plans to meet with Putin. If Greece exits the EuroZone, Spain and Italy will follow.1 in 3 Americans are classified as the working poor. Housing starts implode throughout the country. European allies decide to join the China development bank to protect themselves from the collapsing dollar. China dumps more US treasuries. White House exempts itself from the FOIA. Kiev is doing everything it can to push war with Russia. The oil in Libya is now being sold not using the dollar. US preparing to go into Syria, trying the chlorine gas trick once again.
All source links to the report can be found on the x22report.com site.
Most of artwork that are included with these videos have been created by X22 Report and they are used as a representation of the subject matter. The representative artwork included with these videos shall not be construed as the actual events that are taking place.
Fair Use Notice: This video contains some copyrighted material whose use has not been authorized by the copyright owners. We believe that this not-for-profit, educational, and/or criticism or commentary use on the Web constitutes a fair use of the copyrighted material (as provided for in section 107 of the US Copyright Law. If you wish to use this copyrighted material for purposes that go beyond fair use, you must obtain permission from the copyright owner. Fair Use notwithstanding we will immediately comply with any copyright owner who wants their material removed or modified, wants us to link to their web site, or wants us to add their photo.
The X22 Report is "one man's opinion". Anything that is said on the report is either opinion, criticism, information or commentary, If making any type of investment or legal decision it would be wise to contact or consult a professional before making that decision.

GERALD CELENTE - U.S. Support of China’s Development Bank is Gigantic U-Turn

GERALD CELENTE - U.S. Support of China’s Development Bank is Gigantic U-Turn

GERALD CELENTE - U.S. Support of China’s Development Bank is Gigantic U-Turn

SUBSCRIBE to ELITE NWOAGENDA for Latest on U.S.DOLLAR COLLAPSE / GOLD / SILVER / BUILD UP TO WW3 / BILDERBERG 2015http://www.youtube.com/EliteNWOAgenda
GERALD CELENTE - U.S. Support of China’sDevelopment Bank is GiganticU-TurnWashington and the World Bank have no choice but to co-operate with Beijing on the new China-led development bank. The US has changed its tune after first opposing its allies cozying up to China.
“This is a gigantic concession on the part of the US, that it is not the world’s only superpower,” Jeffrey Albert Tucker, CLO of the Foundation for Economic Education, told RT.
Instead of fighting the new China-led development bank, the US was forced to add its support to the development bank after allies jumped ship to join the $100 billion China-led project that could rival the World Bank.
“This represents a dramatic shift on the part of Washington and a concession to its allies in Europe,” Tucker said.
US officials had voiced displeasure when the UK, Germany, France and Italy agreed to work with the Bank, but now, in an apparent concession, the US will work with, and not against, the new global development fund. The White House wants to co-finance projects with Beijing along with existing banks such as the World Bank, the WSJ reported Monday. china bank banking u.s. usa "united states" america london trend power "bank account" infrastructure investment asia economy "u.s. dollar" forex trading "forex trading" 2015 2016 usd dollar country global currency RMB gold silver "gold bullion" "silver coin" financing savings "savings account" HK "hong kong" military business "global reset" "gold coin" property "real estate" beijing hsbc "bank of china" "elite nwo agenda" invest world france germany russia trending media entertainment order out of chaos rothschild rothchilds george soros glenn beck lindsey williams marc faber jim rogers louis farrakhan rant exposed alex jones infowars rawdogletard demcad jsnip4
The offer is a massive U-turn in Washington's stance on the Asian Infrastructure Investment Bank. The tone quickly changed last week after an unnamed US official told the Financial Times that America was “wary about a trend toward constant accommodation of China.”
The Chinese economy has been keeping pace with the world’s biggest, the US, and in October, surpassed the superpower in terms of purchasing power adjusted GDP Support for the AIIB has gathered speed in Europe this month, with the U.K. the first country to sign up, followed by Germany, France and Italy and then Luxembourg and Switzerland. With allies migrating en masse to China’s new infrastructure bank (and even the US having to admit it will ‘cooperate’), it appears America has fallen back on what has worked for it in the past to ensure the world’s largest creditor remains the world’s reserve currency ad inifinitum – rattle its nuclear missile sabre… As the following clip shows, The US Air Force just test-fired a Minuteman III intercontinental ballistic missile from California, providing a “visual to the world.”
The absolutely stunning decision by the Swiss National Bank to decouple from the euro has triggered billions of dollars worth of losses all over the globe. Buying surreptitiously allows Beijing to buy bullion at bargain prices; if the world knew how much gold China was really amassing, a run on gold the likes of which the globe has never seen would likely ensue. “We believe China is controlling the gold price because it is buying in such a way so as not to push prices up.” Fasten your seatbelts; 2015 will be a whirlwind pitting China, Russia and Iran against what I have described as the Empire of Chaos.
Russia’s increase is the most dramatic, according to the recent report from the IMF. The Russian central bank has almost doubled its gold holdings within the last 5 years to 1,094.8 tonnes in June of this year. China’s Central Bank followed with an increase of 75% from its holdings in 2009. China Has Announced Plans For A ‘WorldCurrency’

5:55

Absa Bank, China Development Bank conclude $100 million deal

Absa Bank, China Development Bank conclude $100 million deal

Absa Bank, China Development Bank conclude $100 million deal

AbsaBankLimited has successfully concluded a five year 100 million dollar SpecialFacilityAgreement with the China Development Bank. This is the first major transaction between the two lenders and is geared towards providing funding to Small and Medium Enterprises. The initial drawdown is based on Absa's current funding needs, and may be increased in the future to assist with new funding opportunities within Barclay's AfricaGroup's operations. China Development Bank, one of the biggest lenders in Africa, was founded in 1994 as a development financial institution under the leadership of China's State Council. The bank has assets of about 2 trillion dollars and is the world's largest development finance institution.
Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY
Follow us on:
Facebook: https://www.facebook.com/cgtnafrica/
Twitter: https://twitter.com/cgtnafrica

1:56

What do Portuguese scholars think of China's development?

What do Portuguese scholars think of China's development?

What do Portuguese scholars think of China's development?

What do Portuguese scholars think of China's growth? ChinaMatters interviewed CarlosSalema to see his ideas. China has seen massive growth in the past three decades and international scholars have taken notice of China's improvements.

China bank funds Argentina development

Argentina has agreed to borrow around 6 billion euros from China to build hydroelectric dams in the Patagonia region.
The loan from the China Development Bank will also fund a long-delayed railway project in Argentina.
The two countries signed a similar deal in 2009.
China is Argentina's second-largest trading partner after neighbouring Brazil.
...
READ MORE : http://www.euronews.com/2014/07/19/china-bank-funds-argentina-development
What is in the news today? Click to watch: https://www.youtube.com/playlist?list=PLSyY1udCyYqBeLGPTLVZMp8kczDH7_5Ni
euronews: the most watched news channel in Europe
Subscribe! http://www.youtube.com/subscription_center?add_user=euronews
euronews is available in 14 languages: https://www.youtube.com/user/euronewsnetwork/channels
In English:
Website: http://www.euronews.com/news
Facebook: https://www.facebook.com/euronews
Twitter: http://twitter.com/euronews
Google+: http://google.com/+euronews
VKontakte: http://vk.com/en.euronews

0:21

Chinas Superbank Debt Oil and Influence How China Development Bank is Rewriting the Rules of Finan

Chinas Superbank Debt Oil and Influence How China Development Bank is Rewriting the Rules of Finan

Chinas Superbank Debt Oil and Influence How China Development Bank is Rewriting the Rules of Finan

Lenders are currently in the process of selling RCom's assets in a bid to recover some portions of the roughly Rs 45,000-crore debt.
CNBC-TV18 is India's No.1Business medium and the undisputed leader in business news. The channel's benchmark coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond. CNBC-TV18 has been constantly innovating with new genres of programming that helps make business more relevant to different constituencies across India. India's most able business audience consumes CNBC-TV18 for their information & investing needs. This audience is highly diversified at one level comprising of key groups such as business leaders, professionals, retail investors, brokers and traders, intermediaries, self-employed professionals, HighNet Worth individuals, students and even homemakers but shares a distinct commonality in terms of their spirit of enterprise.
Subscribe to our Channel: https://www.youtube.com/user/CNBCTV18
Like us on Facebook: https://www.facebook.com/cnbctv18india/
Follow us on Twitter: https://twitter.com/CNBCTV18News
Website: http://www.moneycontrol.com/cnbctv18/

Govt: No Collateral for China Development Bank

South Africa state Utility signs $1.5 bln deal with China Development Bank

South Africa state Utility signs $1.5 bln deal with China Development Bank

South Africa state Utility signs $1.5 bln deal with China Development Bank

South Africa's Eskom has signed a 1.5 billion dollar loan agreement with the China Development Bank. The funds will help finance the Medupi power station in Lephalale, Limpopo. This deal comes as the power utility battles a spate of problems that have seen two of its most senior leaders leave and a downgrade by ratings agencies. CGTN's Angelo Coppola has more
Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY
Follow us on:
Facebook: https://www.facebook.com/cgtnafrica/
Twitter: https://twitter.com/cgtnafrica

11:09

GERALD CELENTE U.S. Support of China’s Development Bank is Gigantic U Turn

GERALD CELENTE U.S. Support of China’s Development Bank is Gigantic U Turn

GERALD CELENTE U.S. Support of China’s Development Bank is Gigantic U Turn

China's Superbank Debt, Oil and Influence How China Development Bank is Rewriting the Rules of Fi

China's Superbank Debt, Oil and Influence How China Development Bank is Rewriting the Rules of Fi

China's Superbank Debt, Oil and Influence How China Development Bank is Rewriting the Rules of Fi

7:48

Costamare Inc. And China Development Bank-Intercultural Business Communication

Costamare Inc. And China Development Bank-Intercultural Business Communication

Costamare Inc. And China Development Bank-Intercultural Business Communication

UNIVERSITY OF AEGEAN DEPARTMENT OF SHIPPING TRADE AND TRANSPORT
Summary:
Intercultural business communication refers to how people from different cultures can effectively collaborate with each other. As an example Costamare Inc. which is a shipping company from Greece that provides containerships for charter, corporates with China Development Bank which isthe second-biggest bond issuer in China. The deal which China Development Bank signed with Costamare Inc. cost almost $ 1.5bn. For a successful collaboration between these cultures both sides should respect each other way of living. Greek businessman should know how Chinese businessman behave in business level if they want to close a deal with them and the opposite. There are some business tips that both sides can follow for a successful collaboration. Furthermore, Chinese businessman and students as well can come to Greece to invest and study. Both of them will have advantages by starting a new life in Greece.To sum up, China is one of the biggest economic power worldwide, but Greececan help China to develop morebecause of the different way of living and the better prospects.
By:
Kyriaki Patera (e-mail:krn_pat@hotmail.com)
Helen Tzeiranidou (e-mail:helenaki96@gmail.com)
Charikleia-Ioanna Chatzigianni (e-mail:xara.x47@gmail.com)

1:03

China approves reform plans for policy banks

China approves reform plans for policy banks

China approves reform plans for policy banks

China’s State Council announced on its website on Sunday that the government has approved plans to reform three policy banks. The banks are the China Development Bank, or CDB; the Export-Import Bank of China; and the Agricultural Development Bank of China. The statements say the CDB must stick to its positioning as a “development financial institution”, adapt to the market and internationalization, and play a key role in stabilizing economic growth and restructuring.
Subscribe us on Youtube: https://www.youtube.com/user/CCTVNEWSbeijing
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3:09

Debate Over China's Development Bank Continues

Debate Over China's Development Bank Continues

Debate Over China's Development Bank Continues

China approves BRICS Development Bank agreement

China’s top legislature ratified an agreement on the founding of the BRICSNew Development Bank on Wednesday. The bank will provide resources to infrastructure and sustainable projects for BRICS members and other emerging economies.
Subscribe us on Youtube: https://www.youtube.com/user/CCTVNEWSbeijing
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Get economic collapse news throughout the day visit http://x22report.com
More news visit http://thepeoplesnewz.com
Report date: 3.17.2015Greece needs more money so Tsipras plans to meet with Putin. If Greece exits the EuroZone, Spain and Italy will follow.1 in 3 Americans are classified as the working poor. Housing starts implode throughout the country. European allies decide to join the China development bank to protect themselves from the collapsing dollar. China dumps more US treasuries. White House exempts itself from the FOIA. Kiev is doing everything it can to push war with Russia. The oil in Libya is now being sold not using the dollar. US preparing to go into Syria, trying the chlorine gas trick once again.
All source links to the report can be found on the x22report.com site.
...

Absa Bank, China Development Bank conclude $100 million deal

AbsaBankLimited has successfully concluded a five year 100 million dollar SpecialFacilityAgreement with the China Development Bank. This is the first major transaction between the two lenders and is geared towards providing funding to Small and Medium Enterprises. The initial drawdown is based on Absa's current funding needs, and may be increased in the future to assist with new funding opportunities within Barclay's AfricaGroup's operations. China Development Bank, one of the biggest lenders in Africa, was founded in 1994 as a development financial institution under the leadership of China's State Council. The bank has assets of about 2 trillion dollars and is the world's largest development finance institution.
Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY
Follow us on:
Fa...

published: 19 Aug 2017

What do Portuguese scholars think of China's development?

What do Portuguese scholars think of China's growth? ChinaMatters interviewed CarlosSalema to see his ideas. China has seen massive growth in the past three decades and international scholars have taken notice of China's improvements.

China bank funds Argentina development

Argentina has agreed to borrow around 6 billion euros from China to build hydroelectric dams in the Patagonia region.
The loan from the China Development Bank will also fund a long-delayed railway project in Argentina.
The two countries signed a similar deal in 2009.
China is Argentina's second-largest trading partner after neighbouring Brazil.
...
READ MORE : http://www.euronews.com/2014/07/19/china-bank-funds-argentina-development
What is in the news today? Click to watch: https://www.youtube.com/playlist?list=PLSyY1udCyYqBeLGPTLVZMp8kczDH7_5Ni
euronews: the most watched news channel in Europe
Subscribe! http://www.youtube.com/subscription_center?add_user=euronews
euronews is available in 14 languages: https://www.youtube.com/user/euronewsnetwork/channels
In English:
Website: h...

published: 19 Jul 2014

Chinas Superbank Debt Oil and Influence How China Development Bank is Rewriting the Rules of Finan

Lenders are currently in the process of selling RCom's assets in a bid to recover some portions of the roughly Rs 45,000-crore debt.
CNBC-TV18 is India's No.1Business medium and the undisputed leader in business news. The channel's benchmark coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond. CNBC-TV18 has been constantly innovating with new genres of programming that helps make business more relevant to different constituencies across India. India's most able business audience consumes CNBC-TV18 for their information & investing needs. This audience is highly diversified at one level comprising of key groups such as business leaders, professionals, retail investors, brokers and traders, interm...

Govt: No Collateral for China Development Bank

South Africa state Utility signs $1.5 bln deal with China Development Bank

South Africa's Eskom has signed a 1.5 billion dollar loan agreement with the China Development Bank. The funds will help finance the Medupi power station in Lephalale, Limpopo. This deal comes as the power utility battles a spate of problems that have seen two of its most senior leaders leave and a downgrade by ratings agencies. CGTN's Angelo Coppola has more
Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY
Follow us on:
Facebook: https://www.facebook.com/cgtnafrica/
Twitter: https://twitter.com/cgtnafrica

published: 08 Jul 2017

GERALD CELENTE U.S. Support of China’s Development Bank is Gigantic U Turn

China's Superbank Debt, Oil and Influence How China Development Bank is Rewriting the Rules of Fi

published: 22 Mar 2017

Costamare Inc. And China Development Bank-Intercultural Business Communication

UNIVERSITY OF AEGEAN DEPARTMENT OF SHIPPING TRADE AND TRANSPORT
Summary:
Intercultural business communication refers to how people from different cultures can effectively collaborate with each other. As an example Costamare Inc. which is a shipping company from Greece that provides containerships for charter, corporates with China Development Bank which isthe second-biggest bond issuer in China. The deal which China Development Bank signed with Costamare Inc. cost almost $ 1.5bn. For a successful collaboration between these cultures both sides should respect each other way of living. Greek businessman should know how Chinese businessman behave in business level if they want to close a deal with them and the opposite. There are some business tips that both sides can follow for a successful...

published: 14 Jan 2015

China approves reform plans for policy banks

China’s State Council announced on its website on Sunday that the government has approved plans to reform three policy banks. The banks are the China Development Bank, or CDB; the Export-Import Bank of China; and the Agricultural Development Bank of China. The statements say the CDB must stick to its positioning as a “development financial institution”, adapt to the market and internationalization, and play a key role in stabilizing economic growth and restructuring.
Subscribe us on Youtube: https://www.youtube.com/user/CCTVNEWSbeijing
Download for IOS: https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8
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Follow us on:
Facebook: https://www.facebook.com/cctvnewschina
Twitter: https://...

published: 12 Apr 2015

Debate Over China's Development Bank Continues

China approves BRICS Development Bank agreement

China’s top legislature ratified an agreement on the founding of the BRICSNew Development Bank on Wednesday. The bank will provide resources to infrastructure and sustainable projects for BRICS members and other emerging economies.
Subscribe us on Youtube: https://www.youtube.com/user/CCTVNEWSbeijing
Download for IOS: https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8
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Get economic collapse news throughout the day visit http://x22report.com
More news visit http://thepeoplesnewz.com
Report date: 3.17.2015Greece needs more mon...

Get economic collapse news throughout the day visit http://x22report.com
More news visit http://thepeoplesnewz.com
Report date: 3.17.2015Greece needs more money so Tsipras plans to meet with Putin. If Greece exits the EuroZone, Spain and Italy will follow.1 in 3 Americans are classified as the working poor. Housing starts implode throughout the country. European allies decide to join the China development bank to protect themselves from the collapsing dollar. China dumps more US treasuries. White House exempts itself from the FOIA. Kiev is doing everything it can to push war with Russia. The oil in Libya is now being sold not using the dollar. US preparing to go into Syria, trying the chlorine gas trick once again.
All source links to the report can be found on the x22report.com site.
Most of artwork that are included with these videos have been created by X22 Report and they are used as a representation of the subject matter. The representative artwork included with these videos shall not be construed as the actual events that are taking place.
Fair Use Notice: This video contains some copyrighted material whose use has not been authorized by the copyright owners. We believe that this not-for-profit, educational, and/or criticism or commentary use on the Web constitutes a fair use of the copyrighted material (as provided for in section 107 of the US Copyright Law. If you wish to use this copyrighted material for purposes that go beyond fair use, you must obtain permission from the copyright owner. Fair Use notwithstanding we will immediately comply with any copyright owner who wants their material removed or modified, wants us to link to their web site, or wants us to add their photo.
The X22 Report is "one man's opinion". Anything that is said on the report is either opinion, criticism, information or commentary, If making any type of investment or legal decision it would be wise to contact or consult a professional before making that decision.

Get economic collapse news throughout the day visit http://x22report.com
More news visit http://thepeoplesnewz.com
Report date: 3.17.2015Greece needs more money so Tsipras plans to meet with Putin. If Greece exits the EuroZone, Spain and Italy will follow.1 in 3 Americans are classified as the working poor. Housing starts implode throughout the country. European allies decide to join the China development bank to protect themselves from the collapsing dollar. China dumps more US treasuries. White House exempts itself from the FOIA. Kiev is doing everything it can to push war with Russia. The oil in Libya is now being sold not using the dollar. US preparing to go into Syria, trying the chlorine gas trick once again.
All source links to the report can be found on the x22report.com site.
Most of artwork that are included with these videos have been created by X22 Report and they are used as a representation of the subject matter. The representative artwork included with these videos shall not be construed as the actual events that are taking place.
Fair Use Notice: This video contains some copyrighted material whose use has not been authorized by the copyright owners. We believe that this not-for-profit, educational, and/or criticism or commentary use on the Web constitutes a fair use of the copyrighted material (as provided for in section 107 of the US Copyright Law. If you wish to use this copyrighted material for purposes that go beyond fair use, you must obtain permission from the copyright owner. Fair Use notwithstanding we will immediately comply with any copyright owner who wants their material removed or modified, wants us to link to their web site, or wants us to add their photo.
The X22 Report is "one man's opinion". Anything that is said on the report is either opinion, criticism, information or commentary, If making any type of investment or legal decision it would be wise to contact or consult a professional before making that decision.

SUBSCRIBE to ELITE NWOAGENDA for Latest on U.S.DOLLAR COLLAPSE / GOLD / SILVER / BUILD UP TO WW3 / BILDERBERG 2015http://www.youtube.com/EliteNWOAgenda
GERALD CELENTE - U.S. Support of China’sDevelopment Bank is GiganticU-TurnWashington and the World Bank have no choice but to co-operate with Beijing on the new China-led development bank. The US has changed its tune after first opposing its allies cozying up to China.
“This is a gigantic concession on the part of the US, that it is not the world’s only superpower,” Jeffrey Albert Tucker, CLO of the Foundation for Economic Education, told RT.
Instead of fighting the new China-led development bank, the US was forced to add its support to the development bank after allies jumped ship to join the $100 billion China-led project that could rival the World Bank.
“This represents a dramatic shift on the part of Washington and a concession to its allies in Europe,” Tucker said.
US officials had voiced displeasure when the UK, Germany, France and Italy agreed to work with the Bank, but now, in an apparent concession, the US will work with, and not against, the new global development fund. The White House wants to co-finance projects with Beijing along with existing banks such as the World Bank, the WSJ reported Monday. china bank banking u.s. usa "united states" america london trend power "bank account" infrastructure investment asia economy "u.s. dollar" forex trading "forex trading" 2015 2016 usd dollar country global currency RMB gold silver "gold bullion" "silver coin" financing savings "savings account" HK "hong kong" military business "global reset" "gold coin" property "real estate" beijing hsbc "bank of china" "elite nwo agenda" invest world france germany russia trending media entertainment order out of chaos rothschild rothchilds george soros glenn beck lindsey williams marc faber jim rogers louis farrakhan rant exposed alex jones infowars rawdogletard demcad jsnip4
The offer is a massive U-turn in Washington's stance on the Asian Infrastructure Investment Bank. The tone quickly changed last week after an unnamed US official told the Financial Times that America was “wary about a trend toward constant accommodation of China.”
The Chinese economy has been keeping pace with the world’s biggest, the US, and in October, surpassed the superpower in terms of purchasing power adjusted GDP Support for the AIIB has gathered speed in Europe this month, with the U.K. the first country to sign up, followed by Germany, France and Italy and then Luxembourg and Switzerland. With allies migrating en masse to China’s new infrastructure bank (and even the US having to admit it will ‘cooperate’), it appears America has fallen back on what has worked for it in the past to ensure the world’s largest creditor remains the world’s reserve currency ad inifinitum – rattle its nuclear missile sabre… As the following clip shows, The US Air Force just test-fired a Minuteman III intercontinental ballistic missile from California, providing a “visual to the world.”
The absolutely stunning decision by the Swiss National Bank to decouple from the euro has triggered billions of dollars worth of losses all over the globe. Buying surreptitiously allows Beijing to buy bullion at bargain prices; if the world knew how much gold China was really amassing, a run on gold the likes of which the globe has never seen would likely ensue. “We believe China is controlling the gold price because it is buying in such a way so as not to push prices up.” Fasten your seatbelts; 2015 will be a whirlwind pitting China, Russia and Iran against what I have described as the Empire of Chaos.
Russia’s increase is the most dramatic, according to the recent report from the IMF. The Russian central bank has almost doubled its gold holdings within the last 5 years to 1,094.8 tonnes in June of this year. China’s Central Bank followed with an increase of 75% from its holdings in 2009. China Has Announced Plans For A ‘WorldCurrency’

SUBSCRIBE to ELITE NWOAGENDA for Latest on U.S.DOLLAR COLLAPSE / GOLD / SILVER / BUILD UP TO WW3 / BILDERBERG 2015http://www.youtube.com/EliteNWOAgenda
GERALD CELENTE - U.S. Support of China’sDevelopment Bank is GiganticU-TurnWashington and the World Bank have no choice but to co-operate with Beijing on the new China-led development bank. The US has changed its tune after first opposing its allies cozying up to China.
“This is a gigantic concession on the part of the US, that it is not the world’s only superpower,” Jeffrey Albert Tucker, CLO of the Foundation for Economic Education, told RT.
Instead of fighting the new China-led development bank, the US was forced to add its support to the development bank after allies jumped ship to join the $100 billion China-led project that could rival the World Bank.
“This represents a dramatic shift on the part of Washington and a concession to its allies in Europe,” Tucker said.
US officials had voiced displeasure when the UK, Germany, France and Italy agreed to work with the Bank, but now, in an apparent concession, the US will work with, and not against, the new global development fund. The White House wants to co-finance projects with Beijing along with existing banks such as the World Bank, the WSJ reported Monday. china bank banking u.s. usa "united states" america london trend power "bank account" infrastructure investment asia economy "u.s. dollar" forex trading "forex trading" 2015 2016 usd dollar country global currency RMB gold silver "gold bullion" "silver coin" financing savings "savings account" HK "hong kong" military business "global reset" "gold coin" property "real estate" beijing hsbc "bank of china" "elite nwo agenda" invest world france germany russia trending media entertainment order out of chaos rothschild rothchilds george soros glenn beck lindsey williams marc faber jim rogers louis farrakhan rant exposed alex jones infowars rawdogletard demcad jsnip4
The offer is a massive U-turn in Washington's stance on the Asian Infrastructure Investment Bank. The tone quickly changed last week after an unnamed US official told the Financial Times that America was “wary about a trend toward constant accommodation of China.”
The Chinese economy has been keeping pace with the world’s biggest, the US, and in October, surpassed the superpower in terms of purchasing power adjusted GDP Support for the AIIB has gathered speed in Europe this month, with the U.K. the first country to sign up, followed by Germany, France and Italy and then Luxembourg and Switzerland. With allies migrating en masse to China’s new infrastructure bank (and even the US having to admit it will ‘cooperate’), it appears America has fallen back on what has worked for it in the past to ensure the world’s largest creditor remains the world’s reserve currency ad inifinitum – rattle its nuclear missile sabre… As the following clip shows, The US Air Force just test-fired a Minuteman III intercontinental ballistic missile from California, providing a “visual to the world.”
The absolutely stunning decision by the Swiss National Bank to decouple from the euro has triggered billions of dollars worth of losses all over the globe. Buying surreptitiously allows Beijing to buy bullion at bargain prices; if the world knew how much gold China was really amassing, a run on gold the likes of which the globe has never seen would likely ensue. “We believe China is controlling the gold price because it is buying in such a way so as not to push prices up.” Fasten your seatbelts; 2015 will be a whirlwind pitting China, Russia and Iran against what I have described as the Empire of Chaos.
Russia’s increase is the most dramatic, according to the recent report from the IMF. The Russian central bank has almost doubled its gold holdings within the last 5 years to 1,094.8 tonnes in June of this year. China’s Central Bank followed with an increase of 75% from its holdings in 2009. China Has Announced Plans For A ‘WorldCurrency’

AbsaBankLimited has successfully concluded a five year 100 million dollar SpecialFacilityAgreement with the China Development Bank. This is the first major transaction between the two lenders and is geared towards providing funding to Small and Medium Enterprises. The initial drawdown is based on Absa's current funding needs, and may be increased in the future to assist with new funding opportunities within Barclay's AfricaGroup's operations. China Development Bank, one of the biggest lenders in Africa, was founded in 1994 as a development financial institution under the leadership of China's State Council. The bank has assets of about 2 trillion dollars and is the world's largest development finance institution.
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AbsaBankLimited has successfully concluded a five year 100 million dollar SpecialFacilityAgreement with the China Development Bank. This is the first major transaction between the two lenders and is geared towards providing funding to Small and Medium Enterprises. The initial drawdown is based on Absa's current funding needs, and may be increased in the future to assist with new funding opportunities within Barclay's AfricaGroup's operations. China Development Bank, one of the biggest lenders in Africa, was founded in 1994 as a development financial institution under the leadership of China's State Council. The bank has assets of about 2 trillion dollars and is the world's largest development finance institution.
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What do Portuguese scholars think of China's growth? ChinaMatters interviewed CarlosSalema to see his ideas. China has seen massive growth in the past three decades and international scholars have taken notice of China's improvements.

What do Portuguese scholars think of China's growth? ChinaMatters interviewed CarlosSalema to see his ideas. China has seen massive growth in the past three decades and international scholars have taken notice of China's improvements.

Argentina has agreed to borrow around 6 billion euros from China to build hydroelectric dams in the Patagonia region.
The loan from the China Development Bank will also fund a long-delayed railway project in Argentina.
The two countries signed a similar deal in 2009.
China is Argentina's second-largest trading partner after neighbouring Brazil.
...
READ MORE : http://www.euronews.com/2014/07/19/china-bank-funds-argentina-development
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Argentina has agreed to borrow around 6 billion euros from China to build hydroelectric dams in the Patagonia region.
The loan from the China Development Bank will also fund a long-delayed railway project in Argentina.
The two countries signed a similar deal in 2009.
China is Argentina's second-largest trading partner after neighbouring Brazil.
...
READ MORE : http://www.euronews.com/2014/07/19/china-bank-funds-argentina-development
What is in the news today? Click to watch: https://www.youtube.com/playlist?list=PLSyY1udCyYqBeLGPTLVZMp8kczDH7_5Ni
euronews: the most watched news channel in Europe
Subscribe! http://www.youtube.com/subscription_center?add_user=euronews
euronews is available in 14 languages: https://www.youtube.com/user/euronewsnetwork/channels
In English:
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Twitter: http://twitter.com/euronews
Google+: http://google.com/+euronews
VKontakte: http://vk.com/en.euronews

published:19 Jul 2014

views:1773

back

Chinas Superbank Debt Oil and Influence How China Development Bank is Rewriting the Rules of Finan

Lenders are currently in the process of selling RCom's assets in a bid to recover some portions of the roughly Rs 45,000-crore debt.
CNBC-TV18 is India's No.1...

Lenders are currently in the process of selling RCom's assets in a bid to recover some portions of the roughly Rs 45,000-crore debt.
CNBC-TV18 is India's No.1Business medium and the undisputed leader in business news. The channel's benchmark coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond. CNBC-TV18 has been constantly innovating with new genres of programming that helps make business more relevant to different constituencies across India. India's most able business audience consumes CNBC-TV18 for their information & investing needs. This audience is highly diversified at one level comprising of key groups such as business leaders, professionals, retail investors, brokers and traders, intermediaries, self-employed professionals, HighNet Worth individuals, students and even homemakers but shares a distinct commonality in terms of their spirit of enterprise.
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Lenders are currently in the process of selling RCom's assets in a bid to recover some portions of the roughly Rs 45,000-crore debt.
CNBC-TV18 is India's No.1Business medium and the undisputed leader in business news. The channel's benchmark coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond. CNBC-TV18 has been constantly innovating with new genres of programming that helps make business more relevant to different constituencies across India. India's most able business audience consumes CNBC-TV18 for their information & investing needs. This audience is highly diversified at one level comprising of key groups such as business leaders, professionals, retail investors, brokers and traders, intermediaries, self-employed professionals, HighNet Worth individuals, students and even homemakers but shares a distinct commonality in terms of their spirit of enterprise.
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South Africa's Eskom has signed a 1.5 billion dollar loan agreement with the China Development Bank. The funds will help finance the Medupi power station in Lephalale, Limpopo. This deal comes as the power utility battles a spate of problems that have seen two of its most senior leaders leave and a downgrade by ratings agencies. CGTN's Angelo Coppola has more
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South Africa's Eskom has signed a 1.5 billion dollar loan agreement with the China Development Bank. The funds will help finance the Medupi power station in Lephalale, Limpopo. This deal comes as the power utility battles a spate of problems that have seen two of its most senior leaders leave and a downgrade by ratings agencies. CGTN's Angelo Coppola has more
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published:08 Jul 2017

views:797

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GERALD CELENTE U.S. Support of China’s Development Bank is Gigantic U Turn

Costamare Inc. And China Development Bank-Intercultural Business Communication

UNIVERSITY OF AEGEAN DEPARTMENT OF SHIPPING TRADE AND TRANSPORT
Summary:
Intercultural business communication refers to how people from different cultures can ...

UNIVERSITY OF AEGEAN DEPARTMENT OF SHIPPING TRADE AND TRANSPORT
Summary:
Intercultural business communication refers to how people from different cultures can effectively collaborate with each other. As an example Costamare Inc. which is a shipping company from Greece that provides containerships for charter, corporates with China Development Bank which isthe second-biggest bond issuer in China. The deal which China Development Bank signed with Costamare Inc. cost almost $ 1.5bn. For a successful collaboration between these cultures both sides should respect each other way of living. Greek businessman should know how Chinese businessman behave in business level if they want to close a deal with them and the opposite. There are some business tips that both sides can follow for a successful collaboration. Furthermore, Chinese businessman and students as well can come to Greece to invest and study. Both of them will have advantages by starting a new life in Greece.To sum up, China is one of the biggest economic power worldwide, but Greececan help China to develop morebecause of the different way of living and the better prospects.
By:
Kyriaki Patera (e-mail:krn_pat@hotmail.com)
Helen Tzeiranidou (e-mail:helenaki96@gmail.com)
Charikleia-Ioanna Chatzigianni (e-mail:xara.x47@gmail.com)

UNIVERSITY OF AEGEAN DEPARTMENT OF SHIPPING TRADE AND TRANSPORT
Summary:
Intercultural business communication refers to how people from different cultures can effectively collaborate with each other. As an example Costamare Inc. which is a shipping company from Greece that provides containerships for charter, corporates with China Development Bank which isthe second-biggest bond issuer in China. The deal which China Development Bank signed with Costamare Inc. cost almost $ 1.5bn. For a successful collaboration between these cultures both sides should respect each other way of living. Greek businessman should know how Chinese businessman behave in business level if they want to close a deal with them and the opposite. There are some business tips that both sides can follow for a successful collaboration. Furthermore, Chinese businessman and students as well can come to Greece to invest and study. Both of them will have advantages by starting a new life in Greece.To sum up, China is one of the biggest economic power worldwide, but Greececan help China to develop morebecause of the different way of living and the better prospects.
By:
Kyriaki Patera (e-mail:krn_pat@hotmail.com)
Helen Tzeiranidou (e-mail:helenaki96@gmail.com)
Charikleia-Ioanna Chatzigianni (e-mail:xara.x47@gmail.com)

China approves reform plans for policy banks

China’s State Council announced on its website on Sunday that the government has approved plans to reform three policy banks. The banks are the China Developmen...

China’s State Council announced on its website on Sunday that the government has approved plans to reform three policy banks. The banks are the China Development Bank, or CDB; the Export-Import Bank of China; and the Agricultural Development Bank of China. The statements say the CDB must stick to its positioning as a “development financial institution”, adapt to the market and internationalization, and play a key role in stabilizing economic growth and restructuring.
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China’s State Council announced on its website on Sunday that the government has approved plans to reform three policy banks. The banks are the China Development Bank, or CDB; the Export-Import Bank of China; and the Agricultural Development Bank of China. The statements say the CDB must stick to its positioning as a “development financial institution”, adapt to the market and internationalization, and play a key role in stabilizing economic growth and restructuring.
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China’s top legislature ratified an agreement on the founding of the BRICSNew Development Bank on Wednesday. The bank will provide resources to infrastructure and sustainable projects for BRICS members and other emerging economies.
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China’s top legislature ratified an agreement on the founding of the BRICSNew Development Bank on Wednesday. The bank will provide resources to infrastructure and sustainable projects for BRICS members and other emerging economies.
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Get economic collapse news throughout the day visit http://x22report.com
More news visit http://thepeoplesnewz.com
Report date: 3.17.2015Greece needs more money so Tsipras plans to meet with Putin. If Greece exits the EuroZone, Spain and Italy will follow.1 in 3 Americans are classified as the working poor. Housing starts implode throughout the country. European allies decide to join the China development bank to protect themselves from the collapsing dollar. China dumps more US treasuries. White House exempts itself from the FOIA. Kiev is doing everything it can to push war with Russia. The oil in Libya is now being sold not using the dollar. US preparing to go into Syria, trying the chlorine gas trick once again.
All source links to the report can be found on the x22report.com site.
...

In the past few decades, the People's Bank of China has exercised the central bank's functions and powers, as well as handling industrial and commercial credits and savings business. Therefore it was neither the central bank in the true sense, nor a commercial entity conforming to the law of the market economy. But since the adoption of reform and opening-up in 1979, China has carried out a series of significant reforms in its banking system, and strengthened its opening to the outside world. Consequently, the finance industry has developed steadily. By 2000, the balance of Renminbi savings deposits of all financial institutions stood at 12,400 billion yuan, and that of credits, 9,900 billion yuan. Now China has basically formed a financial system under the regulation, control and supervis...

published: 06 Dec 2013

The West – and the Rest in Multilateral Development Finance: New Actors, Changes and Challenges

The multilateral development system is facing critical changes and challenges. The recent establishment of the New Development Bank (NDB) and the Asian Infrastructure Investment Bank (AIIB) consolidates the BRICS as a group and demonstrates the widening scope of emerging large economies. At the same time, these events also represent a potential challenge to the Western-dominated global development order, as propagated by the venerable twin institutions of the World Bank and the International Monetary Fund.
To what extent are the new and old actors complimentary, to or challenging each other? Which areas of development finance will be most affected? How are established development discourses and orders shaping, or shaped, by the emergence of these new actors and institutions, and how do th...

African migration from Europe to China - (VPRO documentary - 2013)

VPRO backlight portrays a group of Nigerian immigrants in the Chinese metropolis of Guangzhou.
The community is at the forefront of a major trend that will determine the economic and political development of the first half of the 21st century: the rate of emigration flows from low wage countries is shifting, from the old continent Europe to new economies in Asia.
Original title: Zwart geld: De toekomst komt uit Afrika
While Europe is increasingly becoming a fortress, and at the same time aging at a rapid rate, African emigrants choose to go East. This, according to experts, will have disastrous consequences for the European economy, and thus for the future of the European citizens.
VPRO backlight follows the daily life of 'new happiness seekers' in China and analyzes the importance o...

Future Cities, a full-length documentary strand from WIREDVideo, takes us inside the bustling Chinese city of Shenzhen.
Subscribe to WIRED►► http://po.st/SubscribeWired
We examine the unique manufacturing ecosystem that has emerged, gaining access to the world’s leading hardware-prototyping culture whilst challenging misconceptions from the west. The film looks at how the evolution of “Shanzhai” – or copycat manufacturing – has transformed traditional models of business, distribution and innovation, and asks what the rest of the world can learn from this so-called “Silicon Valley of hardware".
ABOUT FUTURE CITIES
Future Cities is part of a new flagship documentary strand from WIRED Video that explores the technologies, trends and ideas that are changing our world. Subscribe to the WIRE...

Inside Story: China's financial power play?

Support grows for a Beijing-based development bank seen as rival to western institutions.
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Get economic collapse news throughout the day visit http://x22report.com
More news visit http://thepeoplesnewz.com
Report date: 3.17.2015Greece needs more mon...

Get economic collapse news throughout the day visit http://x22report.com
More news visit http://thepeoplesnewz.com
Report date: 3.17.2015Greece needs more money so Tsipras plans to meet with Putin. If Greece exits the EuroZone, Spain and Italy will follow.1 in 3 Americans are classified as the working poor. Housing starts implode throughout the country. European allies decide to join the China development bank to protect themselves from the collapsing dollar. China dumps more US treasuries. White House exempts itself from the FOIA. Kiev is doing everything it can to push war with Russia. The oil in Libya is now being sold not using the dollar. US preparing to go into Syria, trying the chlorine gas trick once again.
All source links to the report can be found on the x22report.com site.
Most of artwork that are included with these videos have been created by X22 Report and they are used as a representation of the subject matter. The representative artwork included with these videos shall not be construed as the actual events that are taking place.
Fair Use Notice: This video contains some copyrighted material whose use has not been authorized by the copyright owners. We believe that this not-for-profit, educational, and/or criticism or commentary use on the Web constitutes a fair use of the copyrighted material (as provided for in section 107 of the US Copyright Law. If you wish to use this copyrighted material for purposes that go beyond fair use, you must obtain permission from the copyright owner. Fair Use notwithstanding we will immediately comply with any copyright owner who wants their material removed or modified, wants us to link to their web site, or wants us to add their photo.
The X22 Report is "one man's opinion". Anything that is said on the report is either opinion, criticism, information or commentary, If making any type of investment or legal decision it would be wise to contact or consult a professional before making that decision.

Get economic collapse news throughout the day visit http://x22report.com
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Report date: 3.17.2015Greece needs more money so Tsipras plans to meet with Putin. If Greece exits the EuroZone, Spain and Italy will follow.1 in 3 Americans are classified as the working poor. Housing starts implode throughout the country. European allies decide to join the China development bank to protect themselves from the collapsing dollar. China dumps more US treasuries. White House exempts itself from the FOIA. Kiev is doing everything it can to push war with Russia. The oil in Libya is now being sold not using the dollar. US preparing to go into Syria, trying the chlorine gas trick once again.
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